Central Garden & Pet (NASDAQ:CENT) will be releasing its earnings data after the market closes on Thursday, August 1st. Central Garden & Pet has set its FY 2019 guidance at $1.80 EPS and its FY19 guidance at $1.80 or higher EPS.
Central Garden & Pet (NASDAQ:CENT) last posted its earnings results on Monday, May 6th. The company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.69 by $0.03. The firm had revenue of $673.70 million for the quarter, compared to analyst estimates of $647.00 million. Central Garden & Pet had a return on equity of 9.92% and a net margin of 4.19%. Central Garden & Pet’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period last year, the company earned $0.86 earnings per share.
Central Garden & Pet stock traded up $0.63 during midday trading on Wednesday, hitting $31.20. 1,810 shares of the company were exchanged, compared to its average volume of 52,137. The company has a market cap of $1.74 billion, a price-to-earnings ratio of 16.32 and a beta of -0.13. Central Garden & Pet has a fifty-two week low of $25.07 and a fifty-two week high of $44.22. The stock’s fifty day simple moving average is $28.19. The company has a debt-to-equity ratio of 0.69, a current ratio of 4.52 and a quick ratio of 2.79.
In other news, Director Brooks Pennington III sold 1,644 shares of the firm’s stock in a transaction that occurred on Tuesday, June 18th. The stock was sold at an average price of $26.24, for a total value of $43,138.56. Following the transaction, the director now owns 42,023 shares in the company, valued at $1,102,683.52. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider George C. Roeth sold 3,398 shares of the firm’s stock in a transaction that occurred on Friday, May 31st. The shares were sold at an average price of $25.42, for a total value of $86,377.16. The disclosure for this sale can be found here. Over the last three months, insiders sold 10,962 shares of company stock worth $288,224. 10.35% of the stock is owned by corporate insiders.
Several analysts have commented on CENT shares. BidaskClub raised Xilinx from a “hold” rating to a “buy” rating in a report on Wednesday, July 24th. ValuEngine raised ZTE CORP/ADR from a “hold” rating to a “buy” rating in a report on Monday, April 15th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $40.50.
About Central Garden & Pet
Central Garden & Pet Company, together with its subsidiaries, produces and distributes products for the lawn and garden, and pet supplies markets in the United States. It operates through two segments, Pet and Garden. The Pet segment supplies products for dogs and cats, including edible bones, edible and non-edible chews, dog and cat food and treats, toys, pet carriers, grooming supplies, and other accessories; and products for birds, small animals, and specialty pets, such as food, cages and habitats, toys, chews, and related accessories.
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